This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Market Baskets and the Calculation of CPIIf the value of the market basket in the current year is ... (Read 64 times)

dusk108

  • Full Member
  • ***
  • Posts: 152
on: Nov 23, 2022

Question 1

Market Baskets and the Calculation of CPI

If the value of the market basket in the current year is $340,000 and the value of the market basket in the base year is $180,000, then the CPI for the current year is ________. (Round to the nearest tenth.)
◦ 188.9
◦ 52.9
◦ 0.5
◦ 160,000

Question 2

Market Baskets and the Calculation of CPI

If the value of the market basket in the current year is $340,000 and the CPI for the current year is 123, then the value of the market basket in the base year is ________. (Round to the nearest hundredth.)
◦ $339,877
◦ $418,200
◦ $276,422.76
◦ $100.04
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dusk108 on Nov 23, 2022

jacquelyngibson

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


dusk108

  • Member
  • Posts: 152
Reply 2 on: Nov 23, 2022
:D TYSM

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

In the past year, about one in five adults in the United States reported symptoms of anxiety ... In the past year, about one in five adults in the United States reported symptoms of anxiety ...
During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ... During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ...
Gulf Stream/North Atlantic Current Gulf Stream/North Atlantic Current
Kahan (Last Year) Kahan (Last Year)
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library